Hodl Hodl: Trade Cryptocurrencies Without Intermediaries.

There are many times when friends, family and participants in a very small private community that I have have expressed to me how uncomfortable, tedious and sometimes even difficult it is for them to have to register on an exchange to be able to trade cryptocurrencies. And, despite being a decentralized, free and borderless technology, many of the trading platforms are the opposite: centralized, restrictive and controlled. Therefore, when you ask me, one of the recommendations I make is Hodl Hodl, a peer-to-peer cryptocurrency trading platform that does not custody user funds, allowing us to operate with total freedom, security and privacy. And all of us who are in the crypto ecosystem like to be able to buy and sell cryptocurrencies quickly, safely and anonymously, without having to trust an intermediary that controls our funds and data. Or be able to negotiate with anyone in the world, using the payment method we prefer, and without having to go through cumbersome verification processes.

Hodl Hodl is a global cryptocurrency exchange platform that allows users to trade directly with each other, without Hodl Hodl holding user funds, instead locking them in a multi-signature escrow, minimizing the possibility of theft and reduces negotiation time. In this way, it differs from other trading platforms that require users to deposit their funds in a wallet controlled by the platform, which implies a risk of loss or confiscation of funds, as well as greater exposure to regulation and fraud. transaction tracking. Furthermore, the platform does not request any type of personal information or identity documents from its users, which guarantees their privacy and anonymity, and allows them to operate with complete freedom and discretion.

How Hodl Hodl works is very simple and is based on the use of multi-signature smart contracts (P2SH) that run on the blockchain. Each time a contract is created between two parties, Hodl Hodl generates a unique multi-signature address to be used as escrow for that contract only. The seller sends the cryptocurrencies directly from his wallet to the newly created multi-signature address, and when the asset is locked there, the buyer sends the money to the seller according to the payment method agreed upon in the contract. The seller then releases the cryptocurrencies locked in escrow using their payment password, and the buyer receives them directly in their wallet. The contract is completed and Hodl Hodl charges a 0.5% trading fee for each registered user.

Hodl Hodl offers multiple advantages to users who want to trade cryptocurrencies efficiently and securely, including:

✔ Security: By not keeping user funds in custody, Hodl Hodl eliminates the risk of them being stolen, lost or frozen by the platform or third parties. Users have full control of their private keys and only they can access their funds at all times. Furthermore, by using multi-signature smart contracts, it is ensured that neither party can breach the contract or defraud the other, as the consent of both parties is required to release funds.

✔ Privacy: Because it does not request any type of personal information or identity documents, Hodl Hodl respects the privacy and anonymity of its users, and allows them to operate with complete freedom and discretion. Users do not have to reveal their identity or banking details to the platform or their counterparties, and can choose the level of privacy they want in their transactions.

✔ Speed: As it does not require any verification process or prior deposit of funds, Hodl Hodl speeds up the trading process and reduces waiting time. Users can create offers and participate in contracts with 0 to 6 transaction confirmations, depending on their preference. Cryptocurrencies are locked in a multi-signature escrow on the blockchain, and the time it takes for the transaction to be confirmed depends on the blockchain confirmation times.

✔ Flexibility: Allowing users to negotiate with anyone in the world, using the payment method they prefer, and without imposing any limits or restrictions, Hodl Hodl offers great flexibility and variety of options to its users. Users can create custom offers with their own conditions, or choose from offers available on the market. Hodl Hodl supports more than 100 currencies and more than 70 payment methods, including bank transfers, credit cards, PayPal, Skrill, among others.

To start using Hodl Hodl, you only need to have a cryptocurrency wallet and register on the platform with an email and password. Once registration is confirmed, you can access the offers market and start trading quickly, securely and anonymously. They also offer a trial version on the Bitcoin testnet (testnet), where you can learn how to use the platform without risking real money. In addition, they have a frequently asked questions section, a blog, a YouTube channel and customer service to resolve any questions or problems that may arise.

I consider Hodl Hodl to be a peer-to-peer cryptocurrency trading platform that offers an innovative and revolutionary solution for exchanging cryptocurrency without intermediaries. By not holding user funds, but instead locking them in a multi-signature escrow, Hodl Hodl ensures the security, privacy, speed and flexibility of transactions, allowing users to operate with complete freedom and discretion. This platform is ideal for cryptocurrency lovers who want to take full advantage of the benefits of this technology, and for those looking for an alternative to traditional trading platforms that impose unnecessary restrictions and risks.